Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) Stock Price Crosses Above 50 Day Moving Average of $10.37

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.37 and traded as high as $11.65. Cresud S.A.C.I.F. y A. shares last traded at $11.54, with a volume of 3,569 shares changing hands.

Separately, BidaskClub upgraded shares of Misonix from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 3rd.

The firm’s fifty day simple moving average is $10.45. The company has a current ratio of 1.69, a quick ratio of 1.58 and a debt-to-equity ratio of 0.04.

Several institutional investors have recently modified their holdings of CRESY. Raymond James & Associates grew its holdings in Cresud S.A.C.I.F. y A. by 1.6% during the 4th quarter. Raymond James & Associates now owns 52,527 shares of the company’s stock valued at $638,000 after purchasing an additional 843 shares during the last quarter. Northern Trust Corp grew its holdings in Cresud S.A.C.I.F. y A. by 17.9% during the 4th quarter. Northern Trust Corp now owns 56,635 shares of the company’s stock valued at $688,000 after purchasing an additional 8,604 shares during the last quarter. VR Advisory Services Ltd grew its holdings in Cresud S.A.C.I.F. y A. by 4.3% during the 4th quarter. VR Advisory Services Ltd now owns 316,416 shares of the company’s stock valued at $3,844,000 after purchasing an additional 13,029 shares during the last quarter. Legal & General Group Plc grew its holdings in Cresud S.A.C.I.F. y A. by 231.4% during the 4th quarter. Legal & General Group Plc now owns 25,756 shares of the company’s stock valued at $313,000 after purchasing an additional 17,984 shares during the last quarter. Finally, Harbor Advisors LLC grew its holdings in Cresud S.A.C.I.F. y A. by 4.3% during the 4th quarter. Harbor Advisors LLC now owns 70,818 shares of the company’s stock valued at $860,000 after purchasing an additional 2,916 shares during the last quarter. Institutional investors and hedge funds own 31.77% of the company’s stock.

Cresud S.A.C.I.F. y A. Company Profile (NASDAQ:CRESY)

Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, produces basic agricultural commodities in Brazil and other Latin American countries. The Agricultural business is involved in planting, harvesting, and sale of crops, such as wheat, corn, soybean, cotton, and sunflower, as well as sugarcane; breeding, purchasing, and fattening of cattle for sale to slaughterhouses and local livestock auction markets; producing raw milk for sale to local milk and milk-related products producers; the leasing of farms to third parties; the disposal and development of farmlands activities; and feedlot farming, as well as meat slaughtering and processing activities.

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